Question
Please answer the question very quickly in 10 mins please help me i begg you Pleaseee help me i beg you . Teachers are providing
Please answer the question very quickly in 10 mins please help me i begg you
Pleaseee help me i beg you . Teachers are providing wrong answer
The Brazilian subsidiary of a Canadian company has Before Tax earnings of BRL 30 million. Corporate Tax rate in Brazil is 25%. The brazilian establishment charges an yearly depreciation of BRL 4 Million. If the subsidiary remits all the after tax cash flow to the Canadian parent, what will be the CAD cash inflow from the Brazilian subsidiary if BRL/CAD is 0.2366?
| $4.38 Million | ||
| $ 6.27 Million | ||
| $ 8.53 Million | ||
| $5.32 Million |
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ISE Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge Ch
11th Edition
1265083924, 9781265083922
